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Otifex Therapeutics Pty Ltd Company Profile

09:27 EDT 21st September 2018 | BioPortfolio

Otifex Therapeutics Pty Ltd is an emerging Australian specialty pharmaceutical company developing a new treatment for the most common cause of acquired hearing loss in childhood, Otitis Media with Effusion (OME or “glue ear”).

Treating OME often means surgically inserting “grommets” (tympanostomy tubes) to help return middle ear pressure to normal; there are currently no non-invasive alternatives.

Otifex is developing a novel nasal spray to make it easier for the ears to ‘pop’, improving middle ear pressure and helping OME resolve naturally. Our product has the potential to be the first effective non-surgical treatment for OME.

Otifex was formed in 2009 on concepts developed at The University of Melbourne. In late 2010 the Company attracted seed investment funding from the Medical Research Commercialisation Fund (MRCF) and Uniseed. Together with MRCF member the Murdoch Childrens Research Institute (MCRI), Otifex formulated a clinical development strategy to bring this new nasal spray product to the clinic.

Location

evel 9
278 Collins St
Melbourne
Victoria
3000
Australia

Contact

Phone: +61 3 9657 0700
Fax: +61 3 9657 0777


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More Information about "Otifex Therapeutics Pty Ltd" on BioPortfolio

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Relevant Topics

Hearing
Hearing, auditory perception, or audition is the ability to perceive sound by detecting vibrations, changes in the pressure of the surrounding medium through time, through an organ such as the ear. Sound may be heard through solid, liquid, or gaseous mat...

Pediatrics
Pediatrics is the general medicine of childhood. Because of the developmental processes (psychological and physical) of childhood, the involvement of parents, and the social management of conditions at home and at school, pediatrics is a specialty. With ...


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